Friday, September 17, 2004

Your retirement future may be in wine

CalPERS, the nation's largest public pension fund with assets totaling more than $150 billion, is investing $100 million in a project aimed at developing high-end vineyard sites in Oregon, Washington and California. A significant slice of that money is being funneled into more than 440 acres of prime wine-grape-growing land near the Yamhill County town of Carlton.
Interesting article from The Oregonian, "Wine Money Moving North."